Liquid strike Protocol Kinetiq, which is operational for about 24 hours, is now the second largest Defi project on Dex Hyperliquid’s Layer 1, HyperevM, based on total value.
The long -awaited protocol was launched yesterday afternoon and attracted more than $ 460 million in capital at only 2,800 holders, for an average interest of $ 164,280, or approximately 3,400 hype, per wallet, according to data from the Kinetiq website.
Other top Defi protocols in the hyperliquis -ecosystem, such as hyperlend, Felix protocol and Hyperbeat, immediately integrated Kinetiq’s liquid strike token (LST), Kype, which offers safes and solutions with stimulated yield and points to attract the new capital.
The launch of KinetiQ was made possible by the recent Corewriter contractupgrade of Hyperliquid, with which decentralized applications (DAPPs) can carry out transactions directly on the core interface of Hyperliquid, which also host the native institution of the ecosystem.
Kinetiq assigns scores and delegations autonomously to validators and allocates KHype accordingly.
Perpetual Futures-oriented Dex Hyperliquid is currently the sixth largest derivative exchange with 24-hour open interest in centralized and decentralized fairs.